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420 Pearl Street

LANCASTER, PA 17603
  • $739,900
  • STATUS: Active
  • ON SITE: 281 Days
  • ID#: PALA2031288
UPDATED: 94 min ago
$739,900
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Information

High School:
School District:

Description

Come take a look at the exciting Lancaster City commercial property in the West End today! 420 Pearl Street is property that combines the potential for mixed-use uses, and investment income. The main parcel contains a restaurant/cafe, 3-bedroom apartment, and a 1-floor warehouse. The secondary parcel is located at 804 Prangley Avenue, and is a parking lot containing 12-parking spots. The main retail space (2000 sq.feet) currently is leased to a full restaurant, with indoor and outdoor seating. This space is bright and cheery from the large front windows, with wooden floors, modern decor, and 2-ADA compliant bathrooms in the rear. The commercial kitchen contains a 10-ft SS commercial vent hood, with full Ansul system. Plenty of food prep room, 3-bay sink, mop sink, pot rack, prep station, and inventory storage. This retail area is served by it's own heating and cooling systems. In the rear of the property sits the blank warehouse space awaiting your vision/concept. 3,360 sq feet of clear floor space with build out potential for many purposes. Separate electric (3-phase), heating/cooling for this area, bathroom, and office area. Three separate entrances to this space, one with a ramp, and one with a large 8 foot door for unloading. Warehouse ceiling heights range from 13'-16'. Going up to the apartment, you will find a sunny, 3-bedroom apartment that occupies the 2nd and 3rd floor. Large living room, eat in kitchen, and a full bath. Separate electric and heating utilities for this unit, which has a long term tenant. Full basement access from the front of the building for storage and access to utilities. This property has great potential for a small brewery, coffee roaster, art studio, and many other creative purposes. Close walk to downtown Lancaster City, and quick access to Millersville University and F and M College. Come take a look at this listing today for your creative vision!

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Craig Hartranft Team, Berkshire Hathaway Homesale Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-12-01T23:52:20.093.
www.lancasterhome.com/homes/137199173
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420 Pearl Street LANCASTER, PA 17603

  • Price: $739,900
  • Status: Active
  • On Site: 281 Days
  • Updated: 94 min ago
  • ID#: PALA2031288
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1900
Built
Neighborhood:
Lancaster City (10533)
County:
Lancaster
Area:
Lancaster City (10533)
High School:
Mccaskey Campus
School District:
School District Of Lancaster
Property Description
Come take a look at the exciting Lancaster City commercial property in the West End today! 420 Pearl Street is property that combines the potential for mixed-use uses, and investment income. The main parcel contains a restaurant/cafe, 3-bedroom apartment, and a 1-floor warehouse. The secondary parcel is located at 804 Prangley Avenue, and is a parking lot containing 12-parking spots. The main retail space (2000 sq.feet) currently is leased to a full restaurant, with indoor and outdoor seating. This space is bright and cheery from the large front windows, with wooden floors, modern decor, and 2-ADA compliant bathrooms in the rear. The commercial kitchen contains a 10-ft SS commercial vent hood, with full Ansul system. Plenty of food prep room, 3-bay sink, mop sink, pot rack, prep station, and inventory storage. This retail area is served by it's own heating and cooling systems. In the rear of the property sits the blank warehouse space awaiting your vision/concept. 3,360 sq feet of clear floor space with build out potential for many purposes. Separate electric (3-phase), heating/cooling for this area, bathroom, and office area. Three separate entrances to this space, one with a ramp, and one with a large 8 foot door for unloading. Warehouse ceiling heights range from 13'-16'. Going up to the apartment, you will find a sunny, 3-bedroom apartment that occupies the 2nd and 3rd floor. Large living room, eat in kitchen, and a full bath. Separate electric and heating utilities for this unit, which has a long term tenant. Full basement access from the front of the building for storage and access to utilities. This property has great potential for a small brewery, coffee roaster, art studio, and many other creative purposes. Close walk to downtown Lancaster City, and quick access to Millersville University and F and M College. Come take a look at this listing today for your creative vision!
Exterior Features

Construction Materials BrickBlock Garage YN No Location Type Free Standing Other Equipment See Remarks Parking Types Parking LotOther Property Condition Good Riparian Rights YN No Roof CompositeRubberShingle Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 6236.00 Cooling Central A/C Exclusions Any restaurant equipment owned by cafe business Flooring ConcreteHardwood Heating Baseboard - ElectricBaseboard - Hot Water Heating YN Yes Inclusions Refrigerator and Stove (for the apartment). Cafe/Kitchen items owned by seller including: 10-ft. stainless steel hood with make-up air and heating; ansul system; 10 ft. stainless steel 3 bay sink; stainless steel hand washing sink with pot rack and prep. station; a mop sink; 40 gallon grease trap; utilities sub meters. Net Square Feet 6236.00

Property Features

Acceptable Financing Bank PortfolioCashContractPrivate Accessibility Features None Assessment Year 2023 Business Type FlexOther/General RetailParking LotRestaurant/BarSupermarket/Grocery StoreApartment BuildingWarehouse Central Air YN Yes Cooling Fuel Natural Gas Electric 200+ Amp Service3 Phases Heating Fuel Natural Gas Hot Water Natural Gas Lease Considered YN No Municipality LANCASTER CITY Navigable Water YN N New Construction YN No Number Of Units Total 3 Operating Expense Includes ElectricLandscapingSnow RemovalRepair/Maintenance Original MLSNumber 802172194562 Owner Pays ElectricityRepairsSnow RemovalTaxes - Real Estate Ownership Interest Fee Simple Possession Settlement Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 3937.00 Tax Assessment Amount 99500.00 Vacation Rental YN No Water Source Public Zoning COMMERCIAL

Listing courtesy of Berkshire Hathaway Homeservices Homesale Realty: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Craig Hartranft Team, Berkshire Hathaway Homesale Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-12-01T23:52:20.093.
 
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The Craig Hartranft Team, Berkshire Hathaway Homesale Realty
150 North Pointe Blvd.
Lancaster PA, 17601